An operating agreement is an agreement between the members of a limited liability company that describes how the company will carry out business obligations. The agreement is necessary to avoid the default rules of state limited liability company statutes.
Executioner definition: An executioner is a person who has the job of executing criminals. | Meaning, pronunciation, translations and examples
Primary Meanings of execute. 1  v put in effect. 2  v carry out or perform an action. 3  v carry out a process or program, as on a computer or a machine. 4  v carry out the legalities of. 5  v sign in the presence of witnesses. 6  v murder in a planned fashion. 7  v kill as a means of socially sanctioned punishment.